** Shares of data center equipment provider Vertiv Holdings
soar 15.5% to $91.46 premarket
** Shares set to hit a record high if the gain holds
** Co raises FY24 adj. EPS forecast to the range of $2.29-$2.35 from its previous range of $2.20-$2.26
** Now expects FY24 net sales in the range of $7.54-$7.69 bln, compared with its previous forecast of $7.52-$7.66 bln
** Q1 results also beat Wall Street estimates
** Strength in orders and acceleration of AI-driven demand boosted results; co sees AI starting to scale - CEO Giordano Albertazzi
** VRT logged record-high backlog of $6.30 bln in Q1
** Stock up 64.8% YTD until last close
(Reporting by Purvi Agarwal in Bengaluru)
((Purvi.Agarwal@thomsonreuters.com))
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